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YE20 projected turnover of £2.3m. Turnover of £1.9 million with an EBIT of £156k. Pipeline currently valued at £588k.
Provides high-quality welding and fabrication services, alongside pipework, gas outlet and specialist connection
installations. Works with blue-chip industrial organizations in the oil and gas industry. Caters to 189 clients, circa 80% of whom provide regular repeat business. GIRS Specialist Connections, CCCR and CNRB accredited. Managing Director willing to remain in role post-sale. Strong second-tier management team. Operates from leasehold premises. The shareholders are offering the company for sale to facilitate growth under new ownership.
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